Unconventional AI CEO Naveen Rao Says Colette Kress's Role as $NVDA CEO Should Remain Strictly Interim
Unconventional AI CEO Naveen Rao told CNBC's Deirdre Bosa that Nvidia ($NVDA) CFO Colette Kress's appointment as chief executive should remain strictly temporary, stating that "the CEO job is not the CFO job."
The remarks follow $NVDA's November 12 announcement that Kress—who has served as the chipmaker's CFO since September 2013—was named interim CEO while retaining her finance leadership duties, effective immediately after co-founder Jensen Huang resigned as president, CEO, and board member. $NVDA's board, which also appointed Harvey C. Jones as its first-ever chair, stated that it has initiated a formal search for a permanent successor considering both internal and external candidates.